The Student Fiscal Affairs Office facilitates the process of providing institutional funds to students who meet standard eligibility requirements. To qualify and maintain your eligibility for most financial aid programs, you must meet the following federal regulations:
- U.S. Citizen or permanent resident.
- Accepted for admission to the medical school.
- Enrolled in good standing at least half-time.
- Demonstrate financial need. Financial need is the difference between the reasonable and approved costs incurred by a student at MSM and all resources available to the student (i.e. contribution from the parents, student and spouse, if applicable, and any outside aid the student is eligible to receive).
- Maintain satisfactory academic progress for financial aid.
- Registered for the draft with Selective Service if you are a male, at least 18 years old, born after January 1, 1961, and not currently a member of the Armed Forces.
Once the above criteria are met, funds are released only if the student has no debts outstanding to MSM and has not defaulted on any Title IV Higher Education Act (HEA) loan, (Federal Subsidized and Unsubsidized Stafford Loan, Federal Perkins, Federal PLUS/Federal SLS) made for attendance at any institution, and does not owe a refund on any Title IV HEA grant (Federal Work Study, Federal SEOG, Federal Pell Grant, SSIG) received for attendance at any institution.